TENNESSEE SELF STORAGE ASSOCIATION

Absolute Storage Management Press Release Jan 2017

January 12, 2017 11:34 AM | Melissa Roberts (Administrator)




FOR IMMEDIATE RELEASE  (1/11/17)

Balch Road Self Storage & Madison Boulevard Mini Storage

Absolute Storage Management Takes Over Two Madison Properties

Madison, AL (January 11, 2017) – Absolute Storage Management (ASM) continues to solidify its market share in Alabama by adding Madison Boulevard Mini Storage and Balch Road Self Storage, both located in Madison. The properties were purchased by an affiliate of locally based The Natchez Group and Absolute Storage Management 

for an undisclosed price. The acquisition was financed by Memphis based Simmons Bank in Franklin, with Trey Kirby of NAI Nashville serving as the broker.

“Madison is a thriving market and these assets are both located on well-traveled roads through town,” said Absolute Storage Management President, Michael Haugh. This portfolio consists of 83,000 rentable square feet with an expansion component. Both assets will receive upgrades to the office and security systems. A significant focus of the two properties is to provide Madison, Alabama with premium storage facilities while still maintaining a sense of familiarity and trust. Absolute Storage Management hopes that Madison Boulevard Mini Storage and Balch Road Self Storage’s extended office hours, select discounts, and added features will help customers see what sets Balch Road Storage and Madison Blvd Mini Storage apart fro

m the competition. If you would like more information about Madison Blvd Mini Storage, please call (256) 368-5315. For information regarding Balch Road Storage, please call (256) 837-6673.

Absolute Storage Management currently manages 88 stores for third party owners, with 16 of those stores being owned and operated in joint ventures. Absolute Storage Management continues to be the largest private provider of third party management, with contracts set up for more projected acquisitions in Mississippi, Alabama, Tennessee, Kentucky, Georgia, Florida, and Illinois.

Absolute Storage Management

Absolute Storage Management (ASM) is the largest private, third-party self-storage management company in the United States. Founded in 2002, ASM holds its headquarters in Memphis, TN with regional offices in Atlanta, GA; Charlotte, NC; Nashville, TN; 

and Jackson, MS. The company operates 88 properties in Alabama, Arkansas, Florida, Georgia, Illinois, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Ohio, South Carolina, and Tennessee.

For further information and news about Absolute Storage Management, please go to the ASM website at www.absolutemgmt.com or contact Michael Haugh at michael.haugh@absolutemgmt.com or call him at 901-737-7336. 

1138 N. Germantown Pkwy Suite 101 #371 

Cordova, TN 38017

901-737-7336

ABSOLUTEMGMT.COM 




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